Available for personal, agricultural and commercial accounts
No charge for Canadian Credit Union ATM transactions
No charge telephone banking and internet banking including FREE telpay bill payments
FREE Certified Financial Planning
Descriptive monthly statement and imaged cheques provided at no charge
Premium Plus
Our Premium Plus account provides a combination of chequing and savings all in one package. No more worries of having to transfer funds back and forth between accounts as the need arises.
Account features:
Available for personal, agricultural & commercial
Interest is calculated on the closing daily balance and on the entire balance in the account
Interest rates increase as the balance of the account increases
No service charges when the balance of the account exceeds the minimum
Flat Fee Chequing Account
Great for members who prefer one monthly fee, who write a lot of cheques and use Interac often. No minimum monthly balance required.
Account features:
Available for personal, agricultural and commercial accounts
Unlimited transactions including cheques, debits, Interac direct payment and Canadian Credit Union ATM transactions
No charge telephone banking and internet banking including FREE telpay bill payments
FREE Certified Financial Planning
FREE money orders, travelers cheques, certified cheques and utility bills
Descriptive monthly statment and imaged cheques included in the package
U.S. Premium Plus Chequing
With a US dollar chequing account there is no need to convert US cheques to cash, simply deposit to your US account. With a US dollar chequing account you can convert currency when it is most favorable for you.
Account features:
Interest rate increases as balance increases
FREE cash withdrawals and deposits
NO statement or maintenance fee
Golden Account
Members age 60 and older.
Account features:
Unlimited FREE chequing transactions including cheques, Interac direct payments and ATM withdrawals
a. We will offer a rate of 1% less than the equivalent consumer rate
b. Co-signature of parent/guardian who qualifies for the loan in their own name
c. Student has a source of income sufficient to meet the loan payments
Graduate Account
Designed for students between 19 and 24. Lower your banking costs, so you can save for school.
Account features:
Proof of post-secondary enrollment required
Graduate chequing or P24
FREE first order of personalized cheques
FREE transactions including cheques, Interac direct payment and CU ATM transactions
FREE Telephone Banking and Internet Banking, including FREE TelPay Bill payments
Monthly statement
FREE Certified Financial Planning
Student Mastercard available, on approved credit
Financial assistance for post secondary education for up to four years, on approved credit
First car loan (O.A.C.)
a. We will offer a rate of 1% less than the equivalent consumer rate
b. Co-signature of parent/guardian who qualifies for the loan in their own name
c. Student has a source of income sufficient to meet the loan payments
Plan 24 - Daily Savings
Don't lose another days interest. With a Plan 24 account your money grows daily. A great place to put some money that isn't needed for the moment.
Account features:
Interest is calculated on the closing daily balance and paid monthly
Descriptive monthly statement provided at no charge
Special Savings
A longer term savings plan that pays a higher rate of interest than the Plan 24 account.
Account features:
Interest is calculated on the minimum monthly balance and paid annually in December
Descriptive monthly statement provided at no charge for those months when account activity takes place
Plus 24 - Investment Savings
A savings plan with flexible access and a great rate!! For members who don't want to lock their funds in GICs but want a higher yield.
Minimum balance of $5,000 required.
Account features:
Interest calculated on the closing daily balance and paid monthly.
Designed for ATM, cu@home, and telephone banking; not for debit card use.
Guaranteed Investment Certificates (GIC's)
Watch your investments grow with the safety and security of a GIC. Various term lengths available to suit your needs from months to years. Best of all the rate is guaranteed so that you know in advance what your investment will be worth at maturity.
Account features:
Competitive rates and fully guaranteed.
Investment options from 30 days to 5 years.
Term information and activity is recorded on a descriptive monthly statement along with your other accounts.
Rate Hiker GIC's
Rate Hiker offers you the ability to boost your interest if rates rise and it protects you should the rates fall. Rate Hiker gives you peak RRSP performance.
Account features:
Available for registered and non-registered investments.
Available in a 3, 4 or 5 year non-redeemable term.
An option exists to select an interest rate that is equivalent to the remaining term of the deposit. This option may be exercised twice at any time during the term.
Interest is calculated on the daily closing balance and is paid December 31st of each year and on the maturity date.
Tax-Free Savings Account
To provide a savings vehicle for individuals to earn tax-free investment income.
Account features:
Available to Canadian residents age 18 and older.
Contributions will not be tax deductible.
Contributions may only be made by the owner.
Income earned and capital gains under a Tax-Free Savings Account will be tax sheltered.
Withdrawal of contributions and/or income will not be subject to tax.
Maximum contribution room each year is $5,000.
Unused contribution room accumulates each year and will be reported on the annual CRA Notice of Assessment.
Registered Retirement Savings (RRSP)
Plan today for tomorrow. A Roblin Credit Union RRSP allows you to establish some security for your financial future. Not only do you establish a nest egg for retirement but you also take advantage of tax refunds!!
Account features:
Various plans and options available.
No fees.
Competitive rates and investment terms.
Automatic transfers can be set up on flexible terms to meet your needs.
RRSP's are displayed on your monthly statement along with your other accounts.
Vari-Flex
An easy and affordable way to save for retirement.
Account features:
Registered Retirement Income Fund (RRIF)
After age 69 you are required to collapse your RRSP's. One way to maintain control of your funds and reduce taxation is a RRIF. Many plans and options are available to suit your retirement needs.
Account features:
No fees.
Many payment options available from monthly to annually.
Competitive rates and investment options.
RRIF activity is recorded on your descriptive monthly statement along with your other accounts.
LIRA (Locked-In Retirement Account)
A LIRA represents restricted funds that have been transferred from a Pension Fund to an RRSP.
Account features:
Available as variable rate or fixed rate deposits, just like RRSP's.
Can only be withdrawn by conversion to a LIF or purchase annuity.
LIF (Life Income Fund)
A LIF is the same as a RRIF with an additional restriction - there are minimum and maximum limits on the funds that can be withdrawn annually.
Account features:
Available in both variable and fixed rate options, just like the RRIF account.
Telephone Banking
Pay bills, review statement items, get current account balances and transfer funds all by phone.
Account features:
Member Direct
Internet banking that allows members to transfer funds between multiple accounts, view statement items and pay bills at their convenience.
Account features:
MemberCard
Debit card that allows you access to your account to withdraw, deposit, make payments at an ATM or make a purchase at any point of sale terminal. Roblin Credit Union members using any Credit Union ATM pay no service charges.
Account features:
Night Depository
Night deposit service is available for deposit after regular office hours.
Account features:
Make deposits outside regular office hours.
Deposits credited to account on next business day.
Annual rental fee.
Surplus Shares
Share the wealth and prosperity of Roblin Credit Union. Patronage refunds are paid to members based on the amount of business done with the credit union. This includes all interest paid on loans, mortgages and lines of credit as well as interest earned on investments such as savings, term deposits and RRSP's.
Account features:
Surplus shares receive dividends each year as declared by the Board of Directors.
Surplus shares are non redeemable except in case of members attaining the age of 65, closing their accounts or becoming deceased.
Surplus share balances exceeding $2,500 will be paid out in cash if approved by the Board of Directors.
